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Roar Roar
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6 years ago
Suppose policy makers underestimate the natural rate of unemployment. In situations like these, policy makers will likely implement policies that result in
A) more unemployment than necessary.
B) an unemployment rate that is "too high."
C) a higher inflation rate than necessary.
D) a steadily decreasing inflation rate.
E) overly contractionary monetary and fiscal policy.
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
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vonCOLLINZOvonCOLLINZO
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Roar Author
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#2
5 years ago
You are the king! Thank you
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